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Silver-market veteran David Morgan told ITM Trading’s Daniela Cambone that gold and silver are flashing storm warnings, with a supply crunch and policy shocks setting the stage for a wild finish to this cycle. Gold’s Barometer Is Screaming, as Policy Shocks Pile Up Author of “The Silver Manifesto,” David Morgan, told Cambone that this isn’t … Read more
Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 … Read more
Silver prices fell over 3% this week to $37.20 per ounce amid persistent allegations among investors that the market is suppressed by vast paper trading on the COMEX. Silver Bulls See Manipulation in Price Dip Silver started the week at $36.98 to $37.20 per ounce, dipping just over 3% in seven days. That slip has … Read more
While gold has quietly drifted 0.07% lower over the past month, silver has been busy stealing the spotlight with a 4.89% climb in the same 30-day stretch. The last time silver flirted with or topped $38 was back in its legendary 2011 rally. $14 to $38: Silver’s Wild Ride Has Bulls Eyeing $50 to $100 … Read more
Platinum has reached prices of over $1,400 after being dormant while its sibling, gold, was in the spotlight due to its impressive performance. Nonetheless, a perfect storm of low inventories, a newfound interest in its jewelry use case, and the rise of Eastern buyers is pushing the metal to reach even higher levels. Platinum Outshines … Read more
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange to ensure stable agricultural trade, highlighting efforts to boost cooperation … Read more
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD … Read more
Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. Costco’s Gold Bars Are Selling … Read more
In a recent interview with Kitco News, Jp Cortez, the executive director of the Sound Money Defense League, discussed the growing sound money movement across the United States. Cortez emphasized the significance of legislative wins, such as the removal of sales taxes on precious metals in 45 states, and highlighted the increasing trend of de-dollarization. … Read more
India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers. The country was … Read more
